Value Added Tax application and examples in construction works

The aim of this study is to examine the legally important issues of value added tax in construction works, which is an important economic sector for our country and the world economy and is subject to a special taxation regime, and to analyze the effects of the changes in VAT practices in Turkey on the balance sheets of housing developer companies to these activities. is aimed to be evaluated. In the first part of the thesis, the concept of value added tax, its history, definition, features, calculation methods, the proportional tables of these concepts and VAT, their applications in Turkey and Europe, and construction types in housing development companies are included. In addition, the transactions that constitute the subject of value added tax specified in the law of VAT in Turkey are also mentioned. With the special regulations made in the 13th, 27th and 44th articles of the Value Added Tax Law, the earnings obtained from construction/contracting and repair works are considered "Commercial Earnings" in the Turkish tax system. The phrases "must be taxed according to the methods stipulated in the Income Tax Law" are included, and the events subject to VAT in construction works are explained in detail in the thesis as taxable events in construction contracting works and real estate deliveries. In the second part of the thesis, your relations with the VAT of housing developer companies and the changing VAT rates are mentioned, indicating the changes in the VAT as of the dates. In the third chapter of the thesis, the effects of the changes in VAT practices in Turkey on the balance sheets of housing developer companies were evaluated using the ratio method and analysis (Ratios) technique, which is one of the most common methods used in financial statement analysis. The most important topics of the thesis are; Changes in VAT rates are analyzes of the balance sheets and financial statements of housing developer companies. In the conclusion of the study, a lot of information is included in the thesis, explaining the effects of changes in VAT laws over the years on the balance sheets of housing developer companies, interpreting the results using financial statement analysis techniques, and stating the reasons for the results.